About Elev8
Elev8 is a venture capital firm founded in 2018. It is primarily based out of Singapore, Singapore. As of Feb 2026, Elev8 is an active investor, having invested in 27 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in Singapore based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Auto Tech and HealthTech. Most recently it participated in the $***** Series F round of IDfy Overall, Elev8 portfolio has seen 4 acquisitions including key companies like Preteckt, Civil Maps and Jumper.ai. A lot of funds co-invest with Elev8, with names like SEEDS Capital sharing a substantial percentage of its portfolio. Elev8 has team of 8 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Elev8's List of Top Investments
Elev8 has a portfolio of 27 companies. Their most notable investments are in UNL and Equatorial Space.Their portfolio spans across Singapore, United States, India and 3 more locations. They have invested in Enterprise Applications, Auto Tech, HealthTech and 16 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Elev8:1. IDfy
Provider of a platform for identity verification and risk management. The platform offers tools for customer and workforce governance throughout their lifecycle. It focuses on frictionless onboarding, verifiable identities, and faster revenue generation. The platform aims to reduce onboarding friction, prevent fraud, and accelerate time-to-revenue. It helps detect and mitigate risk in real time, reducing financial and operational losses. The platform also transforms compliance into a growth engine through centralized automation.
Key facts about IDfy
- Founded Year: 2011
- Location: Mumbai (India)
- Annual Revenue: ₹191Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $62.7M
- Employee Count: 697 as on Aug 31, 2025
- Investors: Trifecta Capital, TransUnion and 40 Others
- Latest Funding Round: Series F, Feb 13, 2026, $*****
- Highlight: Editors' Pick
Provider of wearable devices to track respiratory conditions. It offers a wearable stethoscope that can continuously monitor the condition of asthma patients using its proprietary algorithms. It can be attached to the body to measure various parameters like heart rate, breathing rate, wheezing, and coughing. Its features include dashboard view and automated periodical reports. It also offers wearable patches for kids to track their health trends.
Key facts about Aevice Health
- Founded Year: 2016
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $9.11M
- Employee Count: 21 as on Jul 01, 2024
- Investors: East Ventures, SEEDS Capital and 24 Others
- Latest Funding Round: Seed, Jan 18, 2025, $*****
- Highlight: Editors' Pick
3. Fibronostics
Non-invasive algorithm-based diagnostics. The company uses machine learning to target specific physiological and pathological processes, in order to assess subclinical biomarker profiles in plasma for diagnosis and prognosis of disease pathologies. Applications under investigation include cardiometabolic diseases, idiopathic pulmonary fibrosis, and chronic renal diseases.
Key facts about Fibronostics
- Founded Year: 2015
- Location: Orlando (United States)
- Stage: Series A
- Total Funding till date: $14.5M
- Employee Count: 28 as on Jul 23, 2025
- Investors: AT Capital Group, Elev8 and 1 Other
- Latest Funding Round: Series A, Jun 15, 2022, $*****
- Highlight: Editors' Pick
4. Preteckt
Predictive maintenance & remote diagnostics of vehicles. It provides truck owners with sensor units that record data from different components within a vehicle and sends it to the cloud. The data is then analyzed to monitor & predict the health of the vehicle and provide alerts to the fleet owners/drivers.
Key facts about Preteckt
- Founded Year: 2014
- Location: Memphis (United States)
- Stage: Acquired
- Total Funding till date: $6.98M
- Employee Count: 32 as on Jul 01, 2024
- Investors: XG Ventures, Las Olas and 10 Others
- Latest Funding Round: Series A, Apr 05, 2023, $*****
- Highlight: Acquired
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5. Mesh Bio
Mesh Bio provides software for chronic disease management through predictive analytics. The software translates clinical data and numbers into actionable insights that help patients better manage their health, lifestyle, and disease risks. The software provides clinical decision support for healthcare professionals
Key facts about Mesh Bio
- Founded Year: 2018
- Location: Singapore (Singapore)
- Annual Revenue: 362K SGD as on Dec 31, 2022
- Stage: Series A
- Total Funding till date: $6.5M
- Employee Count: 15 as on Jul 01, 2024
- Investors: East Ventures, SEEDS Capital and 16 Others
- Latest Funding Round: Series A, Oct 12, 2023, $*****
- Highlight: Editors' Pick
Elev8's Year-on-Year Investment Trends
Elev8 has invested in 27 companies over the last 7 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 2 investments, while as of Feb 2026, it has made 2 investments in this year. Its most recent first time investment was in IDfy and most recent follow-on round was in Entropica Labs.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 2 | 0 | 2 |
2024 | 1 | 0 | 1 |
2023 | 1 | 2 | 3 |
2022 | 1 | 1 | 2 |
2021 | 4 | 1 | 5 |
2020 | 3 | 1 | 4 |
2019 | 1 | 1 | 2 |
Elev8's Investments by Stage
Elev8 has made 12 investments in Seed stage with an average round size of $2.65M, 2 investments in Series A stage with an average round size of $8M and 1 investment in Series F stage with an average round size of $24.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 12 |
Series A | 2 |
Series F | 1 |
Note: We have considered here, only first round of investments
Elev8's Investments by Sector
Elev8 has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, HealthTech, Life Sciences and Aerospace, Maritime and Defense Tech. Notably, it has invested in 24 Enterprise (B2B) companies, 24 Tech companies, 17 Software companies and at least 10 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
High Tech | 6 |
HealthTech | 5 |
Life Sciences | 4 |
Aerospace, Maritime and Defense Tech | 2 |
Others | 14 |
Note: We have considered here, only first round of investments
Elev8's Investments by Geography
Elev8 has made most investments in Singapore (11), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Singapore | 11 |
United States | 2 |
India | 1 |
Indonesia | 1 |
Note: We have considered here, only first round of investments
Elev8's recent investments
Elev8 has made 2 investments in 2026 so far - IDfy and Polybee Systems.Here are the most recent investments by Elev8:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 13, 2026 | India | Series F | 9740 | [+4] | |
Feb 09, 2026 | Singapore | Seed | 2976 | [+2] | |
Oct 20, 2025 | Singapore | Seed | 6492 | ||
Jan 18, 2025 | Singapore | Seed | 9750 | ||
Apr 02, 2024 | Singapore | Seed | 8222 | [+1] |
Acquired companies in Elev8's Portfolio
4 companies from Elev8's portfolio have been acquired. The most recent acquisition were Preteckt in Feb 2025 by Diesel Laptops.Here are Elev8's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 10, 2025 | - | - | 2761 | |
Jan 04, 2023 | - | - | 5911 | |
Jul 26, 2022 | - | - | 2742 | |
Oct 19, 2021 | - | - | 8251 |
Team profile of Elev8
Elev8 has a team of 8 members including 3 Partners and 1 Principal. Elev8's team sits on the board of 4 companies.Here is a list of all team members in Elev8:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | Mesh Bio, Entropica Labs and 2 more | ||
Partner | - | - | ||
Partner | - | - | - | |
Principal | - | - | - |
Co-investors of Elev8
Over the past 7 years, 77 investors have co-invested in Elev8's portfolio companies. This includes funds and angels.
- Invested before Elev8: East Ventures, Blume Venture and 27 others have invested in rounds before Elev8. There are 2 companies where East Ventures has invested before Elev8 and 1 company where Blume Venture has invested before Elev8.
- Top Co-investors of Elev8: 29 investors entered a company along with Elev8. These include investors like SEEDS Capital (4 companies).
- Invested after Elev8: A total of 19 investors have invested in Elev8's portfolio after their investments. Top Investors include SEEDS Capital (3 companies), State Farm (2 companies) and East Ventures (1 company).
Recent News related to Elev8
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Elev8 Venture backs Fast&Up maker in sixth deal from maiden fundVCCircle•Mar 25, 2026•Fastandup, Elev8, Fullife, Avendus and 2 others
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Terra Oleo Secures US$3.1M Funding to Reinvent Fats and OilsPR Newswire•Sep 17, 2025•The Radical Fund, com.sg, Asian Development Bank, Elev8 and 3 others
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Elev8.vc invests $30m in deep tech startups with global ambitionSingapore Business Review•Jan 28, 2025•Elev8
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SG’s Elev8.vc closes $30m fund to support deeptech startupsTech in Asia•Jan 27, 2025•Elev8, YouTube, Circles.Life, AppWorks and 10 others
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Singapore-based startup Aevice Health secures additional funding to expand market presenceBioSpectrum Asia•Jan 18, 2025•Aevice Health, Denka, Elev8, Pegasus Tech Ventures
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Singapore's BluMaiden Secures Major Funds for AI Drug Discovery ExpansionCEO Insights Asia All Rights Reserved•Jul 23, 2024•BluMaiden, Elev8, SEEDS Capital
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Auristone aims to transform precision medicine field with US$4M fundinge27•Apr 02, 2024•Epigenomics, Elev8, Auristone, SEEDS Capital and 1 other
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Mesh Bio to expand healthcare platform’s SEA reach with new capitalTech in Asia•Jan 29, 2024•Mesh Bio, East Ventures, elev8, Elev8 and 2 others
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Entropica Labs Raises US$ 4.7M in Series A FundingFinSMEs•Nov 23, 2023•Entropica Labs, LIFTT, Wavemaker Partners, CerraCap Ventures and 2 others
